Draw-downs by RBIC under Leverage commitment.

CFR · 2024-01-01 · US · Title 7

(a) (b) (c) (2) (i) The Agency determines that your outstanding violations are of non-substantive provisions of the Act or this part or your Participation Agreement and that you have not repeatedly violated any non-substantive provisions; or (ii) You have agreed with the Agency in writing on a course of action to resolve your violations and such agreement does not prevent you from issuing Leverage. (d) (1) A statement certifying that there has been no material adverse change in your financial condition since your last filing of SBA Form 468 or other USDA-approved form(s) (see also § 4290.1220 for filing requirements). (2) If your request is submitted more than 30 days following the end of your fiscal year, but before you have submitted your annual filing of SBA Form 468 or other USDA-approved form(s) in accordance with § 4290.630(a), a preliminary unaudited annual financial statement on SBA Form 468 (Short Form) or other USDA-approved form(s). (3) A statement certifying that to the best of your knowledge and belief, you are in compliance with all provisions of the Act and this part ( (i) An officer of the RBIC; (ii) An officer of a corporate general partner or managing member of the RBIC; (iii) An individual who is authorized to act as or for a general partner of the RBIC; or (iv) An individual who is authorized to act as or for a managing member of the RBIC. (4) A statement that the proceeds are needed to fund one or more particular Enterprises or to provide liquidity for yo

official document · source cfr-2024 · id 7:§ 4290.1230